14 Quinn St · Hampton, VA 23669

$260,000

2 bd · 1.0 ba · 1,965 sqft · SingleFamily public records · 14 Days on market

Built 1950 8,712 sqft lot $132/sqft · 21% below area Est $329k · 21% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +13.7/30.0
• Schools +5.5/10.0
• DSCR +4.1/10.0
• Rent growth +3.9/5.0
• Livability +3.8/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Spacious 4 bedroom, 2 bathroom home with a cozy front porch and large deck in back. Conveniently located near shopping, dining, interstates, beaches, bases, etc. All appliances convey as-is, the roof, gutters and hvac are all 6-7 years old.

Key facts

• 8,712 sq ft lot
• 2 garage spots
• Built 1950

Property features AI

Finance

• Other: Energy efficiency features include spray foam insulation and storm doors
• HOA & community: No HOA fees

Exterior

• Parking: Detached 2-car garage; Additional multi-car parking; Street parking
• Utilities: City/County sewer; Electric water heater; Electric service (220 V available)
• Home design: Detached home; Traditional style; 2 stories (2 living levels); Entry level includes first-floor bedroom and full bathroom; Simple ownership
• Construction: Vinyl siding; Asphalt shingle roof; Crawl foundation
• Exterior features: Deck; Patio; Screened porch; Back yard fenced with chain link and wood fencing

Interior

• Kitchen: Electric range; Microwave; Dishwasher; Disposal; Refrigerator; Pantry
• Bedrooms: Master bedroom with bath; One bedroom with ensuite; First-floor bedroom
• Flooring: Laminate; Slate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Central air
• Interior features: Attic fan; Cable hookup; Ceiling fans; Garage door opener; Walk-in attic; Walk-in closet
• Laundry & utility: Washer; Dryer; Utility room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $20 ($236/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $215k (17.1% below list).
• Recommended offer: $215k (17.1% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 4.5% in Hampton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#133 in VA, #4,302 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: crime C-, amenities D+, commute F.
• Hampton City Public School District (urban): math 60% / reading 70% proficiency, ranked #40 of 131 in VA (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Captain John Smith Elementary (math 42% / reading 57%, grade D, #742 of 1,108 statewide, top 70%, 393 students, 82% FRL); Hampton High (math 60% / reading 75%, grade B, #183 of 319 statewide, top 58%, 1,359 students, 86% FRL) — zoned schools average 84% FRL vs 49% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.4%/yr); 232 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 68 units permitted in Hampton city in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Hampton County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,439 (17.1% below list)

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.83% ✗
• Cap rate: 6.38%
• Cash-on-cash: 0.32%
• DSCR: 1.01
• GRM: 10.1

CMA / ARV

• ARV (median comp): $328,884
• List price: $260,000
• Delta: -20.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
305 Roane Dr	0.32mi	3/2.5 (+1)	1,902 (-3%)	11mo	$342,500	$180	60
317 Shoreline Dr	0.46mi	3/2.0 (+1)	1,892 (-4%)	9mo	$289,900	$153	56
242 Bailey Park Dr	0.37mi	3/2.5 (+1)	2,078 (+6%)	9mo	$325,000	$156	54
53 Longwood Dr	0.43mi	3/2.0 (+1)	1,844 (-6%)	14mo	$327,000	$177	49
19 Pine Cone Dr	0.68mi	3/2.0 (+1)	1,875 (-5%)	8mo	$360,800	$192	45
12 Lands End Cir	0.62mi	3/3.0 (+1)	1,850 (-6%)	4mo	$700,000	$378	45
238 Bailey Park Dr	0.35mi	3/2.5 (+1)	1,761 (-10%)	13mo	$325,000	$185	45
108 Kove Dr	0.54mi	3/2.0 (+1)	1,800 (-8%)	9mo	$360,000	$200	44
201 Pine Grove Ave	0.70mi	3/3.0 (+1)	2,000 (+2%)	13mo	$339,900	$170	40
4 Lands End Cir	0.56mi	3/2.0 (+1)	2,195 (+12%)	10mo	$340,000	$155	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.44% rent growth · sell at horizon

5-year hold

• IRR: -13.3%
• Equity multiple: 0.51×
• Total profit: $-35,500
• Equity at exit: $38,767

10-year hold

• IRR: -1.1%
• Equity multiple: 0.92×
• Total profit: $-6,083
• Equity at exit: $22,480

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 23669

• Rents YoY: 5.4%
• Active inventory: 232
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,154 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$211 /mo · $2,526/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$452
• Net cashflow: $20

Break-even live

Break-even rent $2,130

Max offer price $260,000

Occupancy floor 94%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
217 W Gilbert St Hampton, VA	3.0	2.5	2055	$2,495	$1.21	43d	1	0.22mi
225 W Gilbert St Hampton, VA	3.0	2.5	2196	$2,700	$1.23	14d	1	0.24mi
31 Saxony Pl Hampton, VA	3.0	2.5	1315	$1,645	$1.25	17d	1	0.52mi
17 S Gawain Way Hampton, VA	3.0	1.5	1460	$1,895	$1.30	2d	1	0.52mi
13 W Lamington Rd Hampton, VA	3.0	1.5	1415	$2,050	$1.45	43d	1	0.78mi
98 Apollo Dr Hampton, VA	3.0	2.5	1880	$2,200	$1.17	14d	1	0.87mi
98 Apollo Dr Hampton, VA	3.0	2.5	1880	$2,200	$1.17	43d	1	0.87mi
212 Dockside Dr Unit B Hampton, VA	2.0	2.0	1253	$1,795	$1.43	43d	1	0.93mi
606 Washington St Hampton, VA	3.0	2.5	2370	$2,600	$1.10	21d	1	1.09mi
703 N Back River Rd Hampton, VA	3.0	2.5	2062	$2,475	$1.20	43d	1	1.12mi
18 Colonies Lndg Hampton, VA	3.0	2.5	1540	$2,000	$1.30	4d	1	1.17mi
2 Abbott Dr Hampton, VA	1.0–3.0	1.0–3.5	1187	$2,224	$1.87	1d	18	1.20mi
102 Tyburn Ct Hampton, VA	3.0	2.5	1500	$2,000	$1.33	12d	1	1.23mi
608 Charlton Dr Hampton, VA	3.0	2.5	1800	$2,500	$1.39	14d	1	1.27mi
19 Magnolia Pl Hampton, VA	3.0	1.5	1405	$2,100	$1.49	14d	1	1.34mi
709 E Pembroke Ave Unit B Hampton, VA	2.0	1.5	1664	$1,349	$0.81	23d	1	1.34mi
63 Waters Edge Cir Hampton, VA	3.0	2.5	1667	$2,400	$1.44	23d	1	1.43mi
99 Tide Mill Ln Hampton, VA	1.0–4.0	1.0–2.0	1145	$1,882	$1.64	1d	19	1.47mi

Listing history 4 events

1. 2026-05-10
   historical Active Under Contract 241-char remark
2. 2026-05-07
   listed $260,000 Active 241-char remark
3. 2005-12-05
   soldstatus $100,000
4. 1989-05-01
   soldstatus $75,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $2,526 · $211/mo
• Projected year-2 tax: $2,526 · $211/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 55% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,853
• − Mortgage interest: −$14,564
• − Property taxes: −$2,526
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,068
• − Management: −$2,068
• − Depreciation: −$7,564
• Taxable loss: −$4,238
• Est. tax savings @ 24.0%: +$1,017
• After-tax cash flow: $1,253/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hampton City Public School District
• NCES district ID: 5101800
• Math proficiency: 60% ▼ -21.00%
• Reading proficiency: 70% ▼ -4.00%
• Median HH income: $50,089
• Composite: 55.19/100
• National rank: #1272
• State rank: #40 of 131 in VA

Livability — Hampton

• Score: 75/100
• State rank: #133
• US rank: #4302

Category grades

Amenities D+ Commute F Cost of living A Crime C- Employment C+ Housing A+ Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hampton, VA
• County: Hampton City · 132,421 people
• City population: 132,421
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• Population (ZIP): 39,884
• Household income: $71,222
• Rent vs Own: 40.4% rent · 59.6% own
• Severe rent burden: 2130.0

Population outlook (Hampton County) Hauer SSP2

• Today (2025): 134,055 people
• By 2030: 131,753 · -1.7%
• By 2040: 125,017 · -6.7%
• By 2050: 116,825 · -12.9%
• By 2075: 97,033 · -27.6%
• By 2100: 76,188 · -43.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Black 46% White 39% Two or more races 9% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Slovak 2% Italian 1% Romanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Asian/Pacific 1%

Political lean MEDSL · Hampton

• 2024 margin: Solid D (+39.9) · D 69.2% · R 29.4% · Other 1.4%
• 2008→2024 swing: +1.0pp no change · 2008: 38.9pp · 2024: 39.9pp
• All cycles: 2024: D+39.9 2020: D+42.2 2016: D+37.8 2012: D+45.4 2008: D+38.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.40%
• Current HPI: 276.4636
• Rent YoY: ▲ 5.44%
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+264.2% since first listed

6 events — show timeline

• 2026-06-09 Sold (MLS) $275,000 REINMLS
• 2026-05-21 Pending — REINMLS
• 2026-05-10 Contingent — REINMLS
• 2026-05-07 Listed $260,000 REINMLS
• 2005-12-05 Sold (Public Records) $100,000 Public Records
• 1989-05-01 Sold (Public Records) $75,500 Public Records

Property tax history

+9.1%/yr

Latest (2025): $2,526 · +11.7% YoY. Source: county tax records.